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Total expects first oil from $500m Ikike field before December- Sangster
The Managing Director, Total E&P, Mr. Mike Sangster, has said the company had made significant progress with the development of $500 million Ikike Oil...Festus Marinho, Pioneer MD of NNPC dies
.Kyari Mourns The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has lamented the death of the pioneer Managing Director...Chevron denies oil spill at Funiwa field in Bayelsa
Chevron Nigeria Limited, operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV), has denied media reports...Elumelu’s firm completes acquisition of 30% stake in SPDC’s OML 17
The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in...
- Midstream
MASS METERING: EKO ELECTRIC ENCOURAGES CUSTOMERS TO APPLY FOR FREE METERS
Eko Electricity Distribution Company (EKEDC) has assured its customers that the National Mass Metering Programme (NMMP) is still on going, and encouraged those who...REA commissions 85KWP solar hybrid project in Gombe
Gombe State Governor, Muhammad Inuwa Yahaya, has said that the 85KWP solar hybrid project he commissioned in Dakitti Community of Akko Local Government Area...‘KEDCO remains a leading customer-centric DisCo’
'KEDCO remains a leading customer-centric DisCo The Management of Kano Electricity Distribution Company (KEDCO) says the company remains a leading customer-centric DisCo in the country. According...Shell Nigeria Gas seals 20-year gas distribution deal
Leading domestic gas distribution company, Shell Nigeria Gas (SNG), has signed a 20-year agreement for the domestic distribution of gas to industrial customers and...
- Downstream
DPR warns depot owners against petroleum products hoarding
The Department of Petroleum Resources (DPR) has issued warning to depot owners against hoarding of petroleum products in their facilities. Mr Sarki Auwalu, Director, DPR...Oil Marketers call for national discourse on fuel subsidy removal
With the price of Brent crude oil still hovering around $61 per barrel, oil marketers under the auspices of Major Oil Marketers Association of...DPR ISSUES LICENCE TO ESTABLISH FIRST FLOATING LNG PRODUCTION PLANT
DPR ISSUES LICENCE TO ESTABLISH FIRST FLOATING LNG PRODUCTION PLANT TheDepartment of Petroleum Resources (DPR) has issued Licence to Establish (LTE) the first floating...BonnyLight Energy imports 20,000 MT AGO into Nigerian market
BonnyLight Energy and Offshore Limited, a wholly indigenous petroleum downstream have announced the supply of 20,000.00 MT of Premium Automotive Gas Oil (popularly known...
- Business
NNPC, Usmanu Danfodiyo University to Collaborate on Development of Energy Conversion, Storage
The Nigerian National Petroleum Corporation (NNPC) and the Usmanu Danfodiyo University, Sokoto, have pledged to collaborate on the development of energy inter-conversion and storage...Oil production cut: OPEC commends Nigeria on compensation conformity
The Organisation of Petroleum Exporting Countries (OPEC), has commended Nigeria for achieving full conformity in January 2021, and compensating its entire overproduced volumes. The organisation ...Oil workers threaten to shut down Brittania-U’s 10,000bpd output
Nigeria oil production may suffer setback as the oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria...FG warns against Lekoil’s assets transfer
.Says Metallon’s action contravenes Nigerian laws The Federal Government of Nigeria through the Ministry of Petroleum Resources has objected to the questionable tactics adopted by...
- World
OPEC, non-OPEC countries to increase production by 0.5mb/d in January
The Organisation of Petroleum Exporting Countries (OPEC) and the non-OPEC countries have agreed to increase crude oil production by 0.5 million barrels per day...Sarki bags Society of Chemical Engineers Fellow
The Director of Petroleum Resources, Sarki Auwalu has been elected as a fellow of the Nigerian Society of Chemical Engineers (NSChE) at the 2020...2021 Budget: Nigeria to finance N4.98trn deficit by borrowing- Buhari
.Targets N2.01trn from oil sector, Non-oil revenue N1.49trn .To spend N198bn on Power sector Nigeria President Mohammadu Buhari has said that N4.98 trillion or 3.57...It’s not Govt business to run refineries- Osinbajo
The Vice President, Prof. Yemi Osinbajo, has said the problems associated with Nigeria’s refineries will persist if the Federal Government continues to own and...
- Analysts
Fuel Deregulation: Time for labour to review stance
Helpless Nigerians presently managing to eke a living are being subjected to yet another stress of standing in long-winding queues of vehicles to buy...LCCI COMMENTS ON THE PETROLEUM INDUSTRY BILL (PIB)
BACKGROUND The oil and gas industry is a major contributor to the Nigerian economy and government revenue. Nigeria, with the largest oil and gas reserves...How Salihijo turned REA into impactful agency in one year
When his appointment was approved by President Muhammadu Buhari on December 31, 2019, as the new Managing Director, Rural Electricity Agency (REA), only a...Crude Affreightment: NIMASA Revives Move to Change Terms of Trade
The Nigerian Maritime Administration and Safety Agency (NIMASA) has revived efforts to change the Terms of Trade for the affreightment of Nigerian crude oil...
- Agriculture
EDITOR PICKS
Clear Fiscal Framework Will Enhance Gas Development – Kyari
The state-run Nigerian National Petroleum Corporation (NNPC), has called for a legislative framework with clear fiscal terms in order to tap the full potential...
Early morning fire explosion in Lagos
Early morning fire explosion in Lagos
A truck, fully loaded with fuel, exploded in Akute, Lagos State in the early hours of Saturday.
According to eyewitness,...
NNPC, Usmanu Danfodiyo University to Collaborate on Development of Energy Conversion, Storage
The Nigerian National Petroleum Corporation (NNPC) and the Usmanu Danfodiyo University, Sokoto, have pledged to collaborate on the development of energy inter-conversion and storage...
POPULAR POSTS
Clear Fiscal Framework Will Enhance Gas Development – Kyari
The state-run Nigerian National Petroleum Corporation (NNPC), has called for a legislative framework with clear fiscal terms in order to tap the full potential...
Early morning fire explosion in Lagos
Early morning fire explosion in Lagos
A truck, fully loaded with fuel, exploded in Akute, Lagos State in the early hours of Saturday.
According to eyewitness,...
NNPC, Usmanu Danfodiyo University to Collaborate on Development of Energy Conversion, Storage
The Nigerian National Petroleum Corporation (NNPC) and the Usmanu Danfodiyo University, Sokoto, have pledged to collaborate on the development of energy inter-conversion and storage...
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